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News

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Top Stories

SPAAR supports Mayor Carter’s proposed budget with emphasis on “All-In Housing”

The Saint Paul Area Association of Realtors® supports Mayor Carter’s proposed budget with an emphasis on “All-In Housing,” especially efforts to increase housing availability through Mayor Carter’s recommendation to amend the Saint Paul’s Rent Stabilization Ordinance to exempt properties built after December 31, 2004.
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November 2024 housing market overview: Sizable gains in listings and sales despite rate environment

(Nov. 14, 2024) – According to new data from the Minnesota state and Twin Cities metro REALTOR® Associations, which jointly provide a housing market overview each month, listings, sales, prices and inventory all rose in October.
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REALTORS® Charitable Foundation gives back to SPAAR members and community partners

It’s been another busy year for the REALTORS® Charitable Foundation. The Foundation named Spare Key its 2024 grant recipient and, in April, Foundation members attended its annual Groove Gala. There, Foundation members had the opportunity to educate attendees about REALTORS® Charitable Foundation and its efforts to support Spare Key, which helps families in medical crisis with financial assistance through its Help Me Bounce platform.
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News

SPAAR members’ support spreads generosity throughout 12 counties

The result of SPAAR’s 2024 #thanksgivingback collection drive throughout November meant 3,245 cans and packages of soup were distributed to 15 food shelves, touching all 12 counties within SPAAR’s service area.
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Sonya Fox is named a SPAAR Hero

Sonya is instrumental with the CPKC Holiday Train and co-chairs the Cottage Grove Stop Committee.
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The countdown’s on…for the Code of Ethics

As part of REALTOR® membership with the National Association of REALTORS®, members are required to take a Code of Ethics course every three years. The current three-year period is January 1, 2022 – December 31, 2024.
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SPAAR In The Media

SPAAR in the News

Local news featured Amy Peterson, 2024 President of the Saint Paul Area Association of REALTORS®, sharing about the 2023 housing market.
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Homes for sale down in Twin Cities, up slightly statewide

Minneapolis Area Realtors and the St. Paul Area Association of Realtors also put out a report on the Twin Cities regional market. While new listings throughout the state were up, new listings in the Twin Cities declined 1.1% in October, although the report notes that this is the lowest decline since May 2022.
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Finance & Commerce article: Twin Cities home sales fall, home prices rise

Minneapolis and St. Paul Realtor groups said Monday that Twin Cities home prices rose in June, but sales activity — weighed down in part by rising interest rates and tight inventory — was slower compared to last year.
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Advocacy

SPAAR announces fifth year of the Key Communities Grant Program

SPAAR announces fifth year of the Key Communities Grant Program.
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SPAAR supports Mayor Carter’s proposed budget with emphasis on “All-In Housing”

The Saint Paul Area Association of Realtors® supports Mayor Carter’s proposed budget with an emphasis on “All-In Housing,” especially efforts to increase housing availability through Mayor Carter’s recommendation to amend the Saint Paul’s Rent Stabilization Ordinance to exempt properties built after December 31, 2004.
Read More >

November 2024 Advocacy Report

Here is your advocacy update for the month of November! The Saint Paul Area Association of Realtors® Advocacy Report goes out each month and is your one-stop-shop for everything related to Government Affairs throughout SPAAR’s jurisdiction.
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Community

SPAAR members’ support spreads generosity throughout 12 counties

The result of SPAAR’s 2024 #thanksgivingback collection drive throughout November meant 3,245 cans and packages of soup were distributed to 15 food shelves, touching all 12 counties within SPAAR’s service area.
Read More >

Sonya Fox is named a SPAAR Hero

Sonya is instrumental with the CPKC Holiday Train and co-chairs the Cottage Grove Stop Committee.
Read More >

Amanda Cox Zuppan is SPAAR Hero!

Amanda Cox Zuppan is SPAAR Hero!
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Housing Market Press Releases

November 2024 housing market overview: Sizable gains in listings and sales despite rate environment

(Nov. 14, 2024) – According to new data from the Minnesota state and Twin Cities metro REALTOR® Associations, which jointly provide a housing market overview each month, listings, sales, prices and inventory all rose in October.
Read More >

Affordability inches up alongside inventory while sales stabilize

“Buyers are pleased to have better affordability and more options to choose from,” said Amy Peterson, President of the Saint Paul Area Association of REALTORS®. “For the most part, sellers still hold the reigns in this market even with the additional inventory we’ve seen.”
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Buyer and seller activity down from last August, but lower rates on the way

$2,820. That’s what a homeowner would save per year if they purchased or refinanced the median-priced home in August compared to if they purchased it when rates were at their peak in late 2023.
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FastStats

Up-To-Date, Reliable Housing Market Information

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